Sell ETH/USDT – 1H – SELL

Furthermore a ‘Triple top chart pattern’ chart formation is existing. The formation shows ‘Triple top chart pattern’. which is a negative signal. The currency pair is likely to fall.

The combination Ethereum/Tether (ETH/USDT) goes from the bearish trendline downwards

A continuation of the bearish trend down to the next support level at 3599.440000000 will continue.

Caution: A possible counter-trend in the direction of resistance at 3878.670000000 could happen.
In the case of a trade, always set appropriate stop-loss settings.

Furthermore a ‘RSI cross above 30’ indicator layout is existing. The indicator is ‘RSI cross above 30’. which is often a bullish chart scenario. The pair is likely to go up.

Furthermore a ‘Bearish Harami’ candlestick chart pattern is discovered. The candles show ‘Bearish Harami’. this is a bearish pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Bearish Harami’ heading down is 53% (Bull Market) & 50% (Bear Market).

Support & Resistance Price Range*
3rd High
2nd High 3886.440000000
Next High 3878.670000000
Current Price 3613.010000000
Next Low 3599.440000000
2nd Low 3502.850000000
3rd Low 3477.580000000

3878.670000000 – 3834.030000000 – 3886.440000000 – 3677.650000000 – 3716.040000000 – 3709.390000000 — 37.253421458549 – 34.692830254673

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